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Oct 12, 2012
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if a foreign adversary attacked u.s. soil, the american people have every right to expect their national defense forces to respond. if a crippling cyber attack were launched against our nation, the american people must be protected. if the commander in chief orders a response, the defense department must be ready to obey that order and to act. to ensure that we fulfill our role to defend the nation in cyberspace, the department is focusing on three main tracks. one, developing new capabilities. two, putting in place the policies and organizations we need to execute our mission. three, billing much more effective cooperation with industry and with our international partners. let me briefly talk about each of these. first, developing new capabilities. dod is investing more than $3 billion annually in cyber security because we have to retain that cutting edge capability in the feel. following our new defense strategy, the department is continuing to increase key investments in cyber security, even in an era of fiscal restra
if a foreign adversary attacked u.s. soil, the american people have every right to expect their national defense forces to respond. if a crippling cyber attack were launched against our nation, the american people must be protected. if the commander in chief orders a response, the defense department must be ready to obey that order and to act. to ensure that we fulfill our role to defend the nation in cyberspace, the department is focusing on three main tracks. one, developing new capabilities....
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Oct 11, 2012
10/12
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yet the u.s. engages in a wide variety of fairly diplomatic relationships with latin american states. the tension between wanting to be liked and now -- knowing there are pragmatic reasons -- how is the next president -- what policy will the american president will be able to put forward and get public support for. >> thanks, that's a great question. i want to say one footnote to bill said about the methodologies, people who feel that this -- it is a nationally represented survey. what they do is have a scientific random selection of telephone numbers as well as addresses and people who don't have the internet connection, they provide them with a computer and connection and people who don't speak spanish they provide them with a translation. it's all online. >> i was not questioning. >> just the relationship. >> by age as well. >> no. that's not the point. >> yeah. >> what i was making there's a differce between polling the university of all adults on one hand and polling people that are . >> in t
yet the u.s. engages in a wide variety of fairly diplomatic relationships with latin american states. the tension between wanting to be liked and now -- knowing there are pragmatic reasons -- how is the next president -- what policy will the american president will be able to put forward and get public support for. >> thanks, that's a great question. i want to say one footnote to bill said about the methodologies, people who feel that this -- it is a nationally represented survey. what...
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Oct 19, 2012
10/12
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so i came back to u.s. and then it was really hard to live there, because i felt that we, the afghans, were really privileged to have the opportunity in a family who could take us out of afghanistan, and provides everything here in america, and we had a very comfortable life. we are really responsible for those we left behind. and what is it that we can do, and maybe i should do that and hoping that others will follow. so i came back and gathered with other afghan professionals and showed them the pictures and told them what's going on, and we ended up establishing an organization to assist with education because i thought that this is what's really missing. this is what has taken afghanistan to where it is afghanistan today. because people didn't have access to education. even before the wars there was only, the literacy rate in afghanistan was only 10 or 11%. and i'm not even sure if that's an accurate figure. because most of the schools were always in the big cities. people in the villages had no access
so i came back to u.s. and then it was really hard to live there, because i felt that we, the afghans, were really privileged to have the opportunity in a family who could take us out of afghanistan, and provides everything here in america, and we had a very comfortable life. we are really responsible for those we left behind. and what is it that we can do, and maybe i should do that and hoping that others will follow. so i came back and gathered with other afghan professionals and showed them...
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Oct 31, 2012
10/12
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they compare u.s. banks under u.s. gap with international banks, for example, european banks whose balance sheets are measured under ifrs. now, there is a fundamentally different treatment of derivatives under these two accounting standards. you might like u.s. gap, you might like ifrs. we can have that discussion from an investor standpoint. from a regulatory risk standpoint, i like and a lot of my former colleagues in official circles like ifrs. it's a less generous form of netting, but it has a better indication of the downside losses you may be facing as a taxpayer. if you convert jpmorgan chase's balance sheet to ifrs, it's not $2.2 trillion. it's $3.9 trillion by our estimations. and it is by far the largest bank in the world. sorry, it's much larger than the european banks, the only other bank that's close to it in terms of total size is bank of america. now, this is a $16 trillion economy, roughly speaking, jpmorgan chase, let's call it a $4 trillion balance sheet. let me ask you a very straightforward question
they compare u.s. banks under u.s. gap with international banks, for example, european banks whose balance sheets are measured under ifrs. now, there is a fundamentally different treatment of derivatives under these two accounting standards. you might like u.s. gap, you might like ifrs. we can have that discussion from an investor standpoint. from a regulatory risk standpoint, i like and a lot of my former colleagues in official circles like ifrs. it's a less generous form of netting, but it...
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Oct 25, 2012
10/12
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strengthening of u.s. military posture in the region. >> thank you bouck and now my colleague benjamin wu mollusca questions in a different domain. >> thank you for moderating the questions related to foreign policy, defense and security. gentlemen, we are going to begin the second set of questions to trade and human rights. i'm going to mix this up a little bit and ask questions directly to each of you and the response format would remain the same. dr. friedberg, and when to begin with you. dr. bader referenced this issue and one of his previous responses to the governor romney stated this threat in the course of the campaign he intends to label china as a manipulator on day one of the presidency but marco rubio most recently agree with the governor about china initiating a trade war that could ultimately hurt american business. does governor romney share those fears about the trade war? >> you have to stand back a little bit from this and see it in a wider context. the president said the other night u.s.
strengthening of u.s. military posture in the region. >> thank you bouck and now my colleague benjamin wu mollusca questions in a different domain. >> thank you for moderating the questions related to foreign policy, defense and security. gentlemen, we are going to begin the second set of questions to trade and human rights. i'm going to mix this up a little bit and ask questions directly to each of you and the response format would remain the same. dr. friedberg, and when to begin...
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Oct 17, 2012
10/12
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the u.s. department of state and the central intelligence agency, and he is the author of four books on soviet foreign policy and is also the editor, has been the editor of 14 books on israel and middle eastern policy. and then our third speaker will be dr. stephen blank, he is the strategic study institute's expert on soviet bloc and post-soviet world since 1989. he is the editor of imperial decline: russia's changing position in asia and co-editor of "the soviet military in the future." and he will -- the last speaker is dr. ariel cohen, my colleague here at heritage, who is the senior research fellow for russian and eurasian studies. ariel has often been called upon to testify on russian and former soviet politics, economics and law before the u.s. congress and regularly provides commentary on these issues through numerous media outlets both domestically and across the globe. so i believe we have the right people here to discuss the topic which i didn't come up with the title so i can say i
the u.s. department of state and the central intelligence agency, and he is the author of four books on soviet foreign policy and is also the editor, has been the editor of 14 books on israel and middle eastern policy. and then our third speaker will be dr. stephen blank, he is the strategic study institute's expert on soviet bloc and post-soviet world since 1989. he is the editor of imperial decline: russia's changing position in asia and co-editor of "the soviet military in the...
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Oct 10, 2012
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and the u.s. is something that i have experienced in a very personal way to the band of one of my political heroes has always been i am very proud to say the son of a new york city native. so, winston churchill. [applause] churchill belonged to two parties in his lifetime while is being an independent and having been a republican i can relate to that. putting the common good ahead of the party politics in the next election really was at the core of his approach to leadership. it was an approach that i have always believed we need more of and every level of government all around the world especially now. we know these are difficult times in the shift in the economy presented leaders with tough choices on spending and taxes managing deficit and unleashing the forces of innovation. the u.k.'s first government since churchill is meeting these challenges head on. in the face of the most challenging economic times, we experienced in decades this is a government that is clearly not afraid to lead. in a 2
and the u.s. is something that i have experienced in a very personal way to the band of one of my political heroes has always been i am very proud to say the son of a new york city native. so, winston churchill. [applause] churchill belonged to two parties in his lifetime while is being an independent and having been a republican i can relate to that. putting the common good ahead of the party politics in the next election really was at the core of his approach to leadership. it was an approach...
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Oct 4, 2012
10/12
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just last month we published the u.s. cooperation and clean energy and the review of the difficulties both countries face in developing solar, wind and other alternative energy industries and the potential room for cooperation. last november, finally, henry participated in another one of our national conversations entitled afghanistan is there a regional and gamecocks the story on this is interesting. he resisted when he learned we get organized a brilliant panel of scholars and reporters to comment on his remarks to the and we hadn't cleared the names with him. he didn't know all the people, and he was not happy. but he gave brief remarks and then he was warmly greeted by our own disk polish writer, and the rest is obvious. some days later i heard from him as follows in his voice sometimes i know i can be a pain in the dot. we let him know the panel in advance and he approved of you all. [laughter] please join me in welcoming a legendary statesman, my defense policy seatmate and valentine's day date dr. henry kissinger.
just last month we published the u.s. cooperation and clean energy and the review of the difficulties both countries face in developing solar, wind and other alternative energy industries and the potential room for cooperation. last november, finally, henry participated in another one of our national conversations entitled afghanistan is there a regional and gamecocks the story on this is interesting. he resisted when he learned we get organized a brilliant panel of scholars and reporters to...
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Oct 9, 2012
10/12
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what would be the outcome on u.s., you know, for u.s. bases and u.s. involvement in the war, you can see that, um, 70% think that iran would attack u.s. bases and probably u.s. would get involved in the war. huge numbers. now, what if israel were to attack iran, do you think, um, the u.s.' military and strategic position in the middle east would be better, worse or about the same, 55% say worse, 32% say about the same and 8% say better. so bottom line, now, do you think that the u.s. should discourage israel from attacking iran's nuclear program, take a neutral stance or encourage israel to attack iran's nuclear program. i have to say that these scenarios that we measured before we gave them these choices for speed, i'm not going through that. just to give you the bottom line on this. and the bottom line is that, um, you know, there's some change from march 2012 but not a lot. that, um, you have 53% say the u.s. should take a neutral stand, 29% say discourage. this, you know, really kind of you can see it across republican/democrat, that middle categor
what would be the outcome on u.s., you know, for u.s. bases and u.s. involvement in the war, you can see that, um, 70% think that iran would attack u.s. bases and probably u.s. would get involved in the war. huge numbers. now, what if israel were to attack iran, do you think, um, the u.s.' military and strategic position in the middle east would be better, worse or about the same, 55% say worse, 32% say about the same and 8% say better. so bottom line, now, do you think that the u.s. should...
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Oct 4, 2012
10/12
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together with the u.s. attorneys offices around the country, the criminal division, computer crimes and intellectual property section, my office is actively partnering with fda, oci, with all the other law enforcement off a bit soup branches that you've heard today. fbi, hsi, eyes, postal service, dea. in investigating the really wide variety of unlawful trafficking that we see. as we heard this morning, from 10 and as we've been hearing throughout the day, the availability of drugs has just skyrocketed. anyone with a computer in order drugs on line using search engines, using ejb sites, and -- b-to-b site. they can do that for personal use or reset. what we are finding i think more and more is that anybody with a computer can set himself up as their own little wholesaler, and then buy drugs that may come from china, india, pakistan, wherever. and resell them to the own internet website, and they can be counterfeit, unapproved, steroids. just the wide variety of drugs that are out there. and as you know, so
together with the u.s. attorneys offices around the country, the criminal division, computer crimes and intellectual property section, my office is actively partnering with fda, oci, with all the other law enforcement off a bit soup branches that you've heard today. fbi, hsi, eyes, postal service, dea. in investigating the really wide variety of unlawful trafficking that we see. as we heard this morning, from 10 and as we've been hearing throughout the day, the availability of drugs has just...
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Oct 29, 2012
10/12
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when we pay u.s. tax dollars, they ought to be supporting u.s. jobs. too much we're not using u.s. employees for these thing, and i think we went on a made in winsconsin tour in the earlier parts of the campaign and visited marine and visited weinbrenner shoes providing combat boots to our soldiers. too often, those jobs are going overseas, and that's irresponsible. a couple things, tommy thompson talked about drilling in alaska to create jobs in wisconsin. that's ridiculous. unfortunately, if you had a broader energy policy not focusing on fossil fuels, but focused on conservation and efficiency and renewables, those would create good paying wisconsin jobs, and that's what i promote in the energy sector. >> moderator: do you want to respond briefly? thompson: opposed to the drilling in alaska, she's opposed to the keystone pipeline, absolutely thousands of jobs in wisconsin. she's talking about alternative energy, 77% of the credits for alternative energy like now like solyndra another democrat field they feel good about giving money. talk about the paper industry. let me finish.
when we pay u.s. tax dollars, they ought to be supporting u.s. jobs. too much we're not using u.s. employees for these thing, and i think we went on a made in winsconsin tour in the earlier parts of the campaign and visited marine and visited weinbrenner shoes providing combat boots to our soldiers. too often, those jobs are going overseas, and that's irresponsible. a couple things, tommy thompson talked about drilling in alaska to create jobs in wisconsin. that's ridiculous. unfortunately, if...
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Oct 11, 2012
10/12
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i've been told a closed session in the u.s. senate he made one of the most eloquent and statesmanlike speech is on behalf that anyone made in eight years of the term. but in fact you have alluded to the threat that the regime could pose to your own state of texas. governor dukakis on the other hand has described the policy has immoral and illegal. is he wrong? [applause] governor dukakis and i have agreed on the program, no question about that. but my big difference with this administration is they look at the program and it's the only way to resolve that program. they concentrate on that. and i really think we have to get a chance and that's why i've been a strong supporter of the plan. a plan that won the nobel prize for the president of costa rica. you have to work with of the leaders of those other central american countries to try to bring about the democratization of nicaragua and the negotiation by presser, by diplomatic pressure that we ought to be trying first. but in concentrating so much this administration hasn't pa
i've been told a closed session in the u.s. senate he made one of the most eloquent and statesmanlike speech is on behalf that anyone made in eight years of the term. but in fact you have alluded to the threat that the regime could pose to your own state of texas. governor dukakis on the other hand has described the policy has immoral and illegal. is he wrong? [applause] governor dukakis and i have agreed on the program, no question about that. but my big difference with this administration is...
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Oct 23, 2012
10/12
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[inaudible] we asked the u.s. government have to publicly and forcefully go out and really put out our red lines and define our interests, in order to engage with these governments as part of the i know there are many complications of that, congress and public opinions here in the united states is one where it really requires us to find this interest very publicly. where does that conflict with our approach and our emerging approach with empowering civil society's? how can we do a better job of traditional diplomacy while enacting this new approach in this hybrid? because the governments are the ones you need to carve out space and what can we did as a u.s. government to push those other governments to do what they need to do? >> i'm going to throw out a question from twitter as well to add to our list. one person asked a question that i think we kind of been addressing in the last comment, but in the past without having a secular approach and the secular language, secular paradigms as being necessarily inclusive
[inaudible] we asked the u.s. government have to publicly and forcefully go out and really put out our red lines and define our interests, in order to engage with these governments as part of the i know there are many complications of that, congress and public opinions here in the united states is one where it really requires us to find this interest very publicly. where does that conflict with our approach and our emerging approach with empowering civil society's? how can we do a better job of...
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Oct 9, 2012
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in fact, u.s. military currently spans and people are astonished, some in more than 40% of the entire world military spending is that just united states. >> host: the "washington post" today looks at foreign policy and some of the key areas their candidate's position. it looks at comments made by president obama and mitt romney. they also look at kaiser health tracking poll from last month. looking ahead to the election, tell me how tony homeport misspending on the military will be to your vote for president with the question asked to respond to this poll, 30% extremely important, 37% say very important. 21%, somewhat important, 11%, less important. the "washington post" goes to their position. the massive federal deficit, president obama announced plans in january for the military that will take overall spending while investing more heavily in social operations forces, growing aircraft and cybersecurity. a new military strategy also emphasizes the u.s. security president the asia-pacific region an
in fact, u.s. military currently spans and people are astonished, some in more than 40% of the entire world military spending is that just united states. >> host: the "washington post" today looks at foreign policy and some of the key areas their candidate's position. it looks at comments made by president obama and mitt romney. they also look at kaiser health tracking poll from last month. looking ahead to the election, tell me how tony homeport misspending on the military will...
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Oct 4, 2012
10/12
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>> this is a u.s. military support mission. i wouldn't get into the specifics on the small footprint of military personnel who accompanied her fbi colleagues on this investigation mission in benghazi. i wouldn't get into the security dynamics surrounding this mission for obvious reasons. remaining to replicate it in the future and i wouldn't want to offend the wrong people. >> how long were they with their? >> i wouldn't get into the specifics, but it was a number of hours. >> within the last day. they look a short time ago. >> excuse me, it has been more than three weeks. u.s. military has been willing to consider requests at various points. it is a question best directed at the state department and fbi. i know that both the data part in an fbi had been anxious to move this process along, to the investigation forward and we stand ready to support them in whatever way possible. >> you say they were anxious to do it, a three-week time delay flies in the face of that. i mean, a "washington post" reporter was on the ground there y
>> this is a u.s. military support mission. i wouldn't get into the specifics on the small footprint of military personnel who accompanied her fbi colleagues on this investigation mission in benghazi. i wouldn't get into the security dynamics surrounding this mission for obvious reasons. remaining to replicate it in the future and i wouldn't want to offend the wrong people. >> how long were they with their? >> i wouldn't get into the specifics, but it was a number of hours....
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Oct 10, 2012
10/12
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now, barack obama and senator biden also voted for the largest tax increases in u.s. history. barack had 94 opportunities to side on the people's side and reduce taxes, and 94 times he voted to increase taxes or not support a tax reduction. 94 times. now, that's not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more of what we earn and produce. government's going to have to learn to be more efficient and live with less if that's what it takes to rein in the government growth that we've seen today. but we do need tax relief, and barack obama even supported increasing taxes as late as last year for those families making only $42,000 a year. that's a lot of middle income, average american families, to increase taxes on them? i think that is a way to kill jobs and continue to harm our economy. >> moderator: senator? biden: charge is absolutely not true. barack obama did not vote to raise taxes. the vote she's referring to, john mccain voted the exact same way. it was a budget procedural vote. john mccain vo
now, barack obama and senator biden also voted for the largest tax increases in u.s. history. barack had 94 opportunities to side on the people's side and reduce taxes, and 94 times he voted to increase taxes or not support a tax reduction. 94 times. now, that's not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more of what we earn and produce. government's going to have to learn to be more efficient and live with less...
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Oct 24, 2012
10/12
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for u.s. citizens first. >> as governor of new mexico, i ran completely outside of the political system. i got elected governor, republican governor in a state that was two to one democrat and made a name for myself vetoing legislation. i may have vetoed more legislation than the other 49 governors in the country combined. i vetoed 750 bills, i had thousands of line item vetoes. [applause] it made a difference when it came to billions of dollars worth of spending, it made a difference when it came to laws that would have told you or i what we could or couldn't do in the bedroom. >> host: on gary johnson, "the washington post" reports this morning that he will appear on the ballot in 48 states including some key battlegrounds with independent streaks where his blend of fiscal conservativism and libertarian social views could make him a compelling alternative for conservative voters not wedded to voting for governor romney. and then in colorado, new hampshire and nevada in particular johnson cou
for u.s. citizens first. >> as governor of new mexico, i ran completely outside of the political system. i got elected governor, republican governor in a state that was two to one democrat and made a name for myself vetoing legislation. i may have vetoed more legislation than the other 49 governors in the country combined. i vetoed 750 bills, i had thousands of line item vetoes. [applause] it made a difference when it came to billions of dollars worth of spending, it made a difference...
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Oct 26, 2012
10/12
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the u.s. and the u.k. are very fall along and what they called a crisis management group to resolve that aspect of cross border banking. is it done? no peery dividing durkan and i can answer your questions with a lot more confidence. >> one thing we ought to think about is the monetary policies that are accommodated during this period it's the sort of risk and the distorted returns. it is at issue and concern that might be in the next crisis. the other thing is what we have all heard today from everybody is dodd-frank isn't perfect but it also has some useful elements we ought to think about what the cause and effect is and continue to think about it. the orthodoxy that dodd-frank is the only solution i think it's scary because the role of the markets and everything else. if we think dodd-frank is what is it and save us from the next crisis people are going to go around it. islamic you talked about the monetary fiscal policy. you're new book deals with that. can you give us a very short observ
the u.s. and the u.k. are very fall along and what they called a crisis management group to resolve that aspect of cross border banking. is it done? no peery dividing durkan and i can answer your questions with a lot more confidence. >> one thing we ought to think about is the monetary policies that are accommodated during this period it's the sort of risk and the distorted returns. it is at issue and concern that might be in the next crisis. the other thing is what we have all heard...
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Oct 31, 2012
10/12
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u.s. senate candidate connie mack will be there. you can watch that live at 8 p.m. eastern also on c-span. >> you know, indiana's made incredible progress in the last eight years. we've honestly balanced budgets during all those years. we've become the fiscal envy of the country, and now we have the largest budget surplus that we've had in our history. it's going to make it possible for us to strengthen our budget reserves, and i believe we can cut taxes for every hoosier. but, john, you just said that we pay for things in indiana, okay? but when you were speaker of the house, for five of the six years that you were running the statehouse indiana ran deficits. when mitch daniels came into power just a couple years later on budgets that you helped to write, indiana was $700 million in debt and had a deficit of $820 million. you know, john, facts are stubborn things, and i'd just like to know from my colleagues on stage how are we going to make sure and preserve the fiscal integrity of the s
u.s. senate candidate connie mack will be there. you can watch that live at 8 p.m. eastern also on c-span. >> you know, indiana's made incredible progress in the last eight years. we've honestly balanced budgets during all those years. we've become the fiscal envy of the country, and now we have the largest budget surplus that we've had in our history. it's going to make it possible for us to strengthen our budget reserves, and i believe we can cut taxes for every hoosier. but, john, you...
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Oct 19, 2012
10/12
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but the uk, you're probably aware, the uk and u.s. regulators are working closely together in my understanding on what they view they are concerned. full of this too, so you've got the continent of europe and britain and the united states work on the same problem which is inherently an international problem. >> mr. volcker if i can parafriz what you're describing with the volcker rule. it strikes me what you're saying, there is one side of a bank which is virtuous by the fact that it equally balances the shareholders and the staff and the customer and there is another side of the bank which is nonvirtuous where it only balances the interest of the shareholders and the staff and the customers completely excl e excluded and that's the core behind the volcker rule. >> i reject the word virtuous and nonvirtuous. that's rather prejudiced. >> no. >> the one that has i think historically important public function, it's hard to see an economy working without commercial banks doing their essenti essential funkion. it's not hard for me to see t
but the uk, you're probably aware, the uk and u.s. regulators are working closely together in my understanding on what they view they are concerned. full of this too, so you've got the continent of europe and britain and the united states work on the same problem which is inherently an international problem. >> mr. volcker if i can parafriz what you're describing with the volcker rule. it strikes me what you're saying, there is one side of a bank which is virtuous by the fact that it...